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Home»ALTCOIN NEWS»Tron Founder Justin Sun Withdraws $60,000,000 worth of Cryptocurrency from Binance in One Month: On-Chain Data
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Tron Founder Justin Sun Withdraws $60,000,000 worth of Cryptocurrency from Binance in One Month: On-Chain Data

By Crypto FlexsJanuary 22, 20242 Mins Read
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Tron Founder Justin Sun Withdraws ,000,000 worth of Cryptocurrency from Binance in One Month: On-Chain Data
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Billionaire and Tron (TRX) founder Justin Sun withdrew tens of millions of dollars worth of digital assets from cryptocurrency exchange Binance last month, according to on-chain data.

Lookonchain, a blockchain tracking company, reports that between December 18 and January 21, Sun traded $43 million worth of Ethereum (ETH), $6.7 million worth of Aave (Aave), and $6.3 million worth of Shiba Inu (SHIB). It said it had withdrawn several altcoins from Binance, including . .

“As of December 18, 2023, Justin Sun has withdrawn $60 million (crypto value) in assets from Binance.

include:
17,433 ETH ($43 million)
68,999 AAVE ($6.7 million)
SHIB 656.4 billion (USD 6.3 million)
61,249 links ($957,000)
27.16 billion FLOKI ($885,000)
1.7 million MANA ($826,000)
100,100 bands ($168,000).”

source: LookOnChain/X

The Sun was spotted earlier this month by Lookonchain amassing massive amounts of Ethereum from Binance and other whales supposedly putting more coins into cold storage.

Lookonchain also found a very profitable trader depositing over $730,000 worth of Oracle Project UMA (UMA) on Binance following the recent rally.

“UMA price went up 90% today!

After the price increase, the smart trader deposited 190,169 UMA ($730,859) into Binance.

He has traded UMA four times since November 11, 2022, buying low and selling at the highest price each time, with profits of up to $500,000 and a 100% win rate.

video
source: LookOnChain/X

As of this writing, UMA is trading at $5.29, up 5.53% in the last 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

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